framework course how long

How long does it take to complete framework?

The Framework course breaks homebuying down into bite-sized topics, and it's so organized and intuitive, most people finish in just 4 to 6 hours.

How long is the Fannie Mae framework course?

4 to 6 hoursMost people complete our online homebuyer course in just 4 to 6 hours. We designed this course to allow you to go at your own pace. There are seven lessons, with three to four topics in each.

What is framework course for Fannie Mae?

The course includes seven interactive learning modules that guide the user through the steps of buying and owning a home: Knowing When You're Ready. Saving for Homeownership. Understanding the Mortgage Loan Process.

Is the framework class free?

It's totally free and we think you're going to love it!

Are you required to take Framework?

Since 2015, Fannie Mae has required borrowers to complete the course through Framework Homeownership, which started in 2012 as a partnership between Housing Partnership Network and Minnesota Homeownership Center. In 2019, Fannie Mae began waiving the $75 fee for Framework's course.

How much does Fannie Mae framework cost?

The classes already mentioned, and many others, are available free and online. Note: To take Fannie Mae's Framework course for free, you must access it through one of the specific links on Fannie Mae's site. Otherwise, you'll be charged a non-refundable $75 fee.

Does HomeView replace framework?

With this update, the sole use of Framework® will no longer be required and Framework will no longer be free. Additionally, Fannie Mae will begin offering their own free proprietary course called Fannie Mae HomeViewTM to meet homeownership education requirements.

Does Fannie Mae require homebuyer education?

Fannie Mae HomeView™ makes it simple to meet the requirement For HomeReady purchase transactions, if all occupying borrowers are first-time homebuyers, then at least one borrower must complete a homeownership education course offered by a qualified provider*, regardless of LTV.

Is FNMA framework HUD-approved?

Effective for loans closed March 1, 2020 and later, any Fannie Mae Homebuyer Education requirement must be satisfied using the Framework course or HUD-approved counseling, as explained below. Fannie Mae has removed the $75 fee previously charged for the Framework course.

How much does framework cost?

The cost of our online homebuyer course is $75 per household (that includes you and a co-borrower). We only charge you once.

Is Fannie Mae HomeView HUD approved?

These counselors are approved by the U.S. Department of Housing and Urban Development (HUD). For assistance with Fannie Mae HomeView, contact our help desk at 1-800-2FANNIE and select option 4.

Everything you need to know

Go at your own pace and prepare for closing on your home loan. Easily dive back into a lesson to guide your conversations with everyone you meet along the way, and make the best deal for you.

Know the Right Questions to Ask

" [Homebuyer Ed] gave me realistic expectations and knowledge that I didn't have. I felt like I went in knowing what questions to ask." - Calli P., IN

Be Your Own Advocate

"The information saved me from making a couple of big mistakes and helped me to have important conversations with my real estate agent that I probably wouldn't have even thought about before taking the program." - George O., CO

Meet Your Homebuyer Education Requirement

Framework Homebuyer Ed satisfies the homebuyer education requirement for Fannie Mae, Freddie Mac, and your lender's mortgage products.

Fannie Mae HomeView TM

At Fannie Mae, we believe quality homebuyer education and counseling are key to successful homeownership. Providing access to tools and information helps create a well-informed borrower with a clearer understanding of their housing needs and household budget, allowing them to confidently move through the homebuying process.

A clearer path to homeownership

HomeView is a free, interactive, and comprehensive online course that helps put homeownership into focus for your borrowers. The course is written in everyday language and is designed to help borrowers of all backgrounds learn and navigate the homebuying process with information and resources needed for every step of the way.

Housing counseling

Homeownership Education and Housing Counseling are different programs that help future homeowners become educated on the homebuying and financing processes.

What is the difference between homeownership education and counseling?

Homeownership education and counseling play critical and distinct roles in helping borrowers become mortgage ready.